STUBBS
STUBBS is a Texas gas lease in Gray County, Railroad Commission district 10, operated by Cimarex Energy Co. Of Colorado. It has 1 wellbore on file with the Commission. Reported production runs from October 2006 to August 2026, totalling 346,687 thousand cubic feet. The lease is currently producing. Fitting a decline curve to that history and pricing the remaining production at today's forward curve values the whole lease — a 100% undivided interest — at about $139K, with roughly $21K expected over the next twelve months. An individual royalty owner receives their own decimal interest times that figure. Over the last twelve months on file it averaged 897 thousand cubic feet a month. Its strongest month on the record we hold was June 2019, at 1,394 thousand cubic feet. In our own backtest, leases producing at this rate are forecast to within about 22% of what they went on to produce, and that measured error is the range shown on the page rather than a confidence of our own devising.
Key facts about STUBBS
- Who operates STUBBS?
- STUBBS is operated by Cimarex Energy Co. Of Colorado, Railroad Commission of Texas operator number 153429.
- Where is STUBBS?
- STUBBS is a Texas gas lease in Gray County, Texas, in Railroad Commission district 10. Its Railroad Commission lease number is 224128.
- Is STUBBS still producing?
- STUBBS is currently producing. The most recent month of production reported to the Railroad Commission of Texas for STUBBS is August 2026.
- How much has STUBBS produced?
- STUBBS has reported 346,687 thousand cubic feet of gas (Mcf) to the Railroad Commission of Texas between October 2006 and August 2026, from 1 wellbore.
- How much is STUBBS worth?
- The remaining production from STUBBS is estimated to be worth about $139K in total as of 26 August 2026, within a range of $108K to $170K. That figure is the whole lease, undivided — not any one owner's share. A royalty interest in STUBBS is a fraction of it. The estimate fits an Arps decline curve to the production STUBBS has already reported, prices the remaining production at the current forward strip, and discounts it at 12% a year. The figure shown for STUBBS is an estimate of value, not an offer and not an appraisal.
- How much income does STUBBS generate in a year?
- STUBBS is forecast to net about $21K across the whole undivided lease over the twelve months following 26 August 2026, before income tax. A royalty owner in STUBBS receives a fraction of that, set by the decimal interest printed on their check stub.
Lease record
| Operator | Cimarex Energy Co. Of Colorado |
|---|---|
| Field | Panhandle, East |
| County | Gray County, Texas |
| RRC district | 10 |
| Lease number | 224128 |
| Wellbores | 1 |
| Reported production | 346,687 mcf |
| First reported | |
| Last reported | |
| Estimated royalty value | $139K |
Where STUBBS sits
Source: Railroad Commission of Texas lease production records, complete through . Figures on this page were computed on .
Production figures are as reported to the Railroad Commission of Texas. The value shown is an estimate produced by fitting a decline curve to that reported history; it is not an offer or an appraisal. How this estimate is calculated.